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Defence Minister Liang Guanglie brushed off concerns on China’s military buildup, saying it “poses no threat to the world”, amid what is being seen as growing assertiveness in the region’s troubled waters. “The Chinese military must develop, but there’s no ‘worry’ or ‘fear’ as the outside world says,” Liang said at the Defence Ministry ahead …

President Barack Obama faces a tough balancing act on China as he reinforces his “pivot to Asia” policy while seeking deeper economic ties with the world’s second-largest economy. Mr. Obama’s victory was seen as “largely positive” for Asia in the face of China’s growing dominance in the region, propelled by growing military spending and a …